Business Operations

risk and reward CONCEPT (1)

CEO Notebook  

  • Policy
  • | Risk Management
  • | Technology

AI Risk and Reward

A few key takeaways from NBOA’s highly informative AI risk management town hall.
5 min read
goldfischer group photo final

Voices from the Field  

  • Audit
  • | Facilities
  • | Leadership

Coming Around Again

2024 Ken White Distinguished Business Officer on construction queries, long-term teaching and business officer generosity.
9 min read
Brewster Academy food provider cooks over a gas range stove
  • Budget
  • | Cash Management
  • | Food Service

Inflation on the Menu This item is protected.

Independent school dining programs leverage financially sustainable strategies to nourish their communities.
13 min read
stock photo of wood-carved piggy bank against green background

Risk & Compliance  

  • Accounting
  • | Environmental Sustainability
  • | Tax

Claiming Green Tax Credits from the Inflation Reduction Act This item is protected.

Nonprofit independent schools can receive direct cash payments when investing in renewable energy technology.
3 min read
stock image of building plans and calculator

Business Intelligence  

  • Budget
  • | Maintenance
  • | PPRRSM

Positive Change in PPRRSM This item is protected.

An increased percentage of independent schools report having a PPRRSM reserve.
3 min read

Projections  

  • Facilities
  • | Leadership
  • | Maintenance

From Boiler Room to Board Room

Today’s independent school facilities director handles far more than maintenance; they should share a long-term vision for the campus.
6 min read

Feature  

  • Facilities
  • | Legal
  • | Planning

Ground Control This item is protected.

Before purchasing land or accepting a land donation, understand the financial, legal and local implications.
16 min read
prevent fraud accounts payable (1)
  • Accounting
  • | Risk Management
  • | Technology

Automating Accounts Payable to Prevent Fraud

Facing the threat of financial fraud, schools can enhance their financial security by automating accounts payable.
3 min read

CEO Notebook  

  • Leadership
  • | Technology

AI That Serves You

We’re learning from each other how our schools and community can make use of this exciting and ever-changing technology.
4 min read
building financing

Feature  

  • Debt
  • | Facilities
  • | Financing

If You Finance It, We Will Build It This item is protected.

Despite high interest rates, independent schools are taking on debt to maintain campus and attract students.
10 min read
fingerprint stock image

Feature  

  • Cybersecurity
  • | Risk Management
  • | Technology

For Our Eyes Only: Data Privacy This item is protected.

Domestic and international privacy laws may be complex, but independent schools can adopt a practical strategy for compliance.
14 min read
aux programs feature image

Feature  

  • Budget
  • | Extended Day
  • | Summer Camp

Nonprofit Profit Centers This item is protected.

For some schools, auxiliary programs can significantly help close the gap between tuition revenue and expenses.
13 min read
prof achievement business 2
  • Facilities
  • | Human Resources
  • | Membership

Announcing the 2023 NBOA Professional Achievement Award Recipients, Part 2

Congratulations to the 2023 recipients of the NBOA Professional Achievement Award.
4 min read
food truck high res

Other Duties As Assigned  

  • Food Service
  • | Leadership

Food Truck from the Ground Up

This business officer dreamed up and developed a school-branded food truck.
4 min read
percent decrease image

Business Intelligence  

  • Budget
  • | Facilities
  • | Maintenance

Trends in the Capital Spending Ratio This item is protected.

Even before the pandemic and recent economic challenges, many schools were not meeting the capital spending ratio to maintain their campuses.
3 min read

CEO Notebook  

  • Leadership
  • | Technology

Prompted To Lead

Honing our use of generative AI was just one of many takeaways from this year’s NBOA Leadership Academy gathering in Nashville.
5 min read
phishing alert
  • Cybersecurity
  • | Enrollment
  • | Tuition

Sophisticated New Tuition Phishing Scams: What Schools Need to Know

Tuition phishing scams pose a growing threat to independent schools and parents.
3 min read
shark istock image

Other Duties As Assigned  

  • Leadership
  • | Summer Camp

Build That Bridge

It's up to the business officer to earn trust with faculty. Teaching is one way to do it.
5 min read
cloud computing stock image

Strategies  

  • Change Management
  • | Technology

Transitioning to a Cloud-Based Student Information System This item is protected.

Data utilization and information management improved significantly thanks to marketing and technology leaders’ collaboration.
4 min read
summer camp stock image

Business Intelligence  

  • Budget
  • | Extended Day
  • | Summer Camp

Financial Trends in Auxiliary Programs This item is protected.

Auxiliary programs brought in higher revenues late pandemic (2021–22) than they did pre-pandemic, and with lower expenses.
3 min read

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